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HomeMy WebLinkAboutRES CC 2003 2103 2003 0618RESOLUTION NO. 2003 -2103 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMITATION FOR FISCAL YEAR 2003- 2004 WHEREAS, Article XIII B of the State Constitution limits annual appropriations for certain general fund revenues for state and local governments; and WHEREAS, Government Code Section 7910 requires that a city establish its annual appropriations limitation by resolution at a public meeting of the legislative body; and WHEREAS, the Fiscal Year 2003 -2004 appropriations limitation has been calculated in accordance with the State Constitution and applicable sections of the Government Code by adjusting its Fiscal Year 2002 -2003 appropriations limit of $14,627,654 by a cost index change of 9.23% and a population change of 4.21% as determined by the California Department of Finance. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The appropriations limitation for the City of Moorpark during Fiscal Year 2003 -2004 is hereby determined to be $16,650,451. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a ce resolution to be filed in the book of original Resolut'ons. PASSED AND ADOPTED this 18th Deborah S. Traffenste City Clerk er, Mayor Resolution No. 2003 -2103 Page 2 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2003 -2103 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 18th day of June, 2003, and that the same was adopted by the following vote: AYES: Councilmembers Harper, Mikos, Millhouse, Parvin and Mayor Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 14th day of July, 2003. 405)e�co-' Deborah S. Traffensted City Clerk (seal)